SunCoke Energy Partners, L.P. (NYSE:SXCP) was upgraded by research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Friday.

Separately, Zacks Investment Research downgraded SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Friday, May 5th.

Shares of SunCoke Energy Partners, L.P. (SXCP) traded down 0.28% during mid-day trading on Friday, hitting $17.50. The company’s stock had a trading volume of 115,521 shares. SunCoke Energy Partners, L.P. has a 12-month low of $13.50 and a 12-month high of $21.95. The stock has a 50-day moving average of $17.72 and a 200-day moving average of $16.87. The company’s market cap is $808.90 million.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last issued its quarterly earnings data on Thursday, July 27th. The energy company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.08. SunCoke Energy Partners, L.P. had a negative net margin of 9.52% and a positive return on equity of 14.02%. The company had revenue of $200.60 million during the quarter, compared to analysts’ expectations of $212.25 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts forecast that SunCoke Energy Partners, L.P. will post ($1.91) EPS for the current year.

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In other SunCoke Energy Partners, L.P. news, major shareholder Sun Coal & Coke Llc bought 4,100 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The stock was purchased at an average cost of $17.95 per share, for a total transaction of $73,595.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders purchased 1,010,856 shares of company stock valued at $17,461,838 over the last quarter.

Institutional investors have recently added to or reduced their stakes in the stock. Creative Planning raised its position in SunCoke Energy Partners, L.P. by 3,878.5% in the first quarter. Creative Planning now owns 11,100 shares of the energy company’s stock valued at $170,000 after buying an additional 10,821 shares during the last quarter. Sheaff Brock Investment Advisors LLC acquired a new position in SunCoke Energy Partners, L.P. during the first quarter valued at approximately $158,000. Rafferty Asset Management LLC raised its position in SunCoke Energy Partners, L.P. by 34.7% in the first quarter. Rafferty Asset Management LLC now owns 200,268 shares of the energy company’s stock valued at $3,074,000 after buying an additional 51,559 shares during the last quarter. Van ECK Associates Corp raised its position in SunCoke Energy Partners, L.P. by 49.3% in the first quarter. Van ECK Associates Corp now owns 274,038 shares of the energy company’s stock valued at $4,206,000 after buying an additional 90,485 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in SunCoke Energy Partners, L.P. by 16.5% in the first quarter. California Public Employees Retirement System now owns 67,700 shares of the energy company’s stock valued at $1,039,000 after buying an additional 9,600 shares during the last quarter. Hedge funds and other institutional investors own 15.71% of the company’s stock.

About SunCoke Energy Partners, L.P.

SunCoke Energy Partners, L.P. is engaged in the production of coke used in the blast furnace production of steel. As of December 31, 2016, the Company owned a 98% interest in Haverhill Coke Company LLC (Haverhill), Middletown Coke Company, LLC (Middletown), and Gateway Energy and Coke Company, LLC (Granite City).

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